(Solved) : Normal Spoilage Is Planned Spoilage . . .

Normal spoilage is planned spoilage. Discuss.

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(Solved) : Oscars Bowling Inc Wants To Break Into The Phoenix Metropolitan . . .

Oscars Bowling Inc. wants to break into the Phoenix metropolitan market with one of its super-sized 200 lane, 24-hour bowling alleys, It. however, only has enough capital to build one facility. Oscar wants it to be centered by population, as determined by the center of gravity method. The following information is given:

Oscars Bowling Inc. wants to break into the Phoenix metropolitan

a. Where should Oscar build?
b. If Oscar wanted to relocate to the closest city near his new facility—where would helive?

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(Solved) : Neither Depreciation On Replacement Cost Nor Depreciation Adjusted For Changes . . .

Neither depreciation on replacement cost nor depreciation adjusted for changes in the purchasing power of the dollar has been recognized as generally accepted accounting principles for inclusion in the primary financial statements. Briefly present the accounting treatment that might be used to assist in the maintenance of the ability of a company to replace its productive capacity.

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(Solved) : Maria Sells The Automobile She Uses In Her Job As . . .

Maria sells the automobile she uses in her job as a marketing representative for $3,000. The car cost $15,000 four years earlier. Maria uses the automobile 80% of the time in her job and 20% of the time for personal purposes. At the date of sale, Maria had taken $10,000 in depreciation on the automobile. Write a letter to Maria explaining the amount and character of her realized gain or loss from the sale and how much she must recognize for tax purposes.

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(Solved) : Narrow Beam Of Alpha Particles With Kinetic Energy 1 . . .

A .0 MeV falls normally on a platinum foil 1.0μm thick. The scattered particles are observed at an angle of (10° to the incident beam direction by means of a counter with a circular inlet area 1.0 cm2 located at the distance 10 cm from the scattering section of the foil. What fraction of scattered alpha particles reaches the counter inlet?

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(Solved) : Number Of Costs Are Listed Below May Be . . .

A number of costs are listed below that may be relevant in decisions faced by the management of Svahn, AB, a Swedish manufacturer of sailing yachts:

Required:

Copy the information above onto your answer sheet and place an X in the appropriate column to indicate whether each item is relevant or not relevant in the following situations. Requirement relates to Case 1 above, and requirement 2 relates to Case 2.

1.         The company chronically has no idle capacity and the old Model Bl00 machine is the company’s constraint. Management is considering purchasing a Model B300 machine to use in addition to the company’s present Model Bl00 machine. The old Model B100 machine will continue to be used to capacity as before, with the new Model B300 machine being used to expand production. This will increase the company’s production and sales. The increase in volume will be large enough to require increases in fixed selling expenses and in general administrative overhead, but not in the fixed manufacturing overhead.

2.         The old Model B 100 machine is not the company’s constraint, but management is considering replacing it with a new Model B300 machine because of the potential savings in direct materials with the new machine. The Model B 100 machine would he sold. This change will have no effect on production or sales, other than some savings in direct materials costs due to less waste.

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(Solved) : Monica Is Planning To Start Her Own Accounting Tax And . . .

Monica is planning to start her own accounting, tax, and financial planning business. Her uncle Gus has given her file cabinets, a desk, computer equipment, and bookcases that were in his den until he sold his house. Gus recently moved to a lakefront cottage and no longer needs the furniture and equipment. Gus’s adjusted basis for all the items is $3,500, and the fair market value is $2,000. Monica will convert 20% of her personal residence into her office and will use it exclusively for her business. Monica’s residence has a fair market value of $150,000 and an adjusted basis of $80,000 (10% is allocated to the land). What are the tax ramifications of the gifts and the conversion? What will be the depreciable basis of the property? Explain your answers in terms of the underlying concepts that govern the result.

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(Solved) : Paulson Winery In Albany New York Has Two Departments Fermenting . . .

Paulson Winery in Albany, New York, has two departments: Fermenting and Packaging.
Direct materials are added at the beginning of the fermenting process (grapes) and at the end of the packaging process (bottles). Conversion costs are incurred evenly throughout each process. Data from the month of March for the Fermenting Department are as follows:
Gallons:
Beginning work in process inventory …………………………………………… 2,100 gallons
Started production …………………………………………………………………….. 5,860 gallons
Completed and transferred out to Packaging in March …………………… 6,560 gallons
Ending work in process inventory (80% of the way through the
fermenting process) ……………………………………………………………………. 1,400 gallons
Costs:
Beginning work in process inventory ($2,500 of direct materials
and $3,715 of conversion cost) …………………………………………………………….. $ 6,215
Costs added during March:
Direct materials ………………………………………………………………………………….. $ 9,440
Direct labor ……………………………………………………………………………………………… 600
Manufacturing overhead ………………………………………………………………………… 1,829
Total costs added during March…………………………………………………………….$11,869
Requirements
1. Draw a time line for the Fermenting Department.
2. Summarize the flow of physical units and compute the total equivalent units.
3. Summarize total costs to account for and compute the cost per equivalent unit for direct materials and conversion costs.
4. Assign total costs to units (gallons):
a. Completed and transferred out to the Packaging Department
b. In the Fermenting Department ending work in process inventory
5. What is the average cost per gallon transferred out of Fermenting into Packaging? Why would the company’s managers want to know this cost?

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(Solved) : Lyle Okeefe Invests 30000 At 8 Annual Interest Leaving The . . .

Lyle O’Keefe invests $30,000 at 8% annual interest, leaving the money invested without withdrawing any of the interest for 8 years. At the end of the 8 years, Lyle withdrew the accumulated amount of money.
Instructions
(a) Compute the amount Lyle would withdraw assuming the investment earns simple interest.
(b) Compute the amount Lyle would withdraw assuming the investment earns interest compounded annually.
(c) Compute the amount Lyle would withdraw assuming the investment earns interest compounded semiannually.

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(Solved) : Outline A Fourstep Process To Prevent Computer Waste And Mistakes . . .

Outline a four-step process to prevent computer waste and mistakes.

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